Lawson v. FDIC
Lawson v. FDIC, 3 F.3d 11 (1st Cir. 1993) (argued for FDIC) (holding that the FDIC implicitly repudiated the above-market interest rates in a failed bank's certificates of deposit (CDs) when it transferred the CDs to the acquiring bank under the terms of a P&A Agreement which empowered the acquiring bank to substitute the prevailing market interest rate).
